Edmond OK Real Estate Market Update | 73003 Zipcode

The 73003 zipcode in Edmond is bounded by the Broadway Extension on the east, Santa Fe on the west, 15th on the south and Coffee Creek Rd on the north. The major additions in this zip are: Cedar Pointe, Cheyenne Crossing, Chisholm Lake, Coffee Creek, Copperfield, Hawks Landing, Hunters Creek, Kelly Park, Kimberly Crossing, Oak Brook, Park Lane Estates, Pebble Creek, Saratoga Farms, The Lakes at Bridgewater, and Thomas Trails.

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This chart will update weekly and will always display current information. However, on the publication date you can see the median prices steadily falling from a high in mid-March to an approximate 1% reduction in mid-May. This also corresponds to a 18% increase in inventory. Over the last month the days-on-market have been steady. 37% of the properties on the market have had a price decrease. I feel this reflects sellers getting real on their pricing and we have been seeing difficulty getting appraisals making value.

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